| Cash Option ($94.7 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $94,700,000.00 |
-$34,999,330.00 |
-$0.00 |
$59,700,670.00 |
| Annuity ($212 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,190,812.00 |
-$1,140,931.00 |
-$0.00 |
$2,049,881.00 |
| 2 |
$3,350,448.00 |
-$1,199,996.00 |
-$0.00 |
$2,150,452.00 |
| 3 |
$3,517,928.00 |
-$1,261,964.00 |
-$0.00 |
$2,255,964.00 |
| 4 |
$3,693,888.00 |
-$1,327,069.00 |
-$0.00 |
$2,366,819.00 |
| 5 |
$3,878,540.00 |
-$1,395,390.00 |
-$0.00 |
$2,483,150.00 |
| 6 |
$4,072,520.00 |
-$1,467,163.00 |
-$0.00 |
$2,605,357.00 |
| 7 |
$4,276,040.00 |
-$1,542,465.00 |
-$0.00 |
$2,733,575.00 |
| 8 |
$4,489,948.00 |
-$1,621,611.00 |
-$0.00 |
$2,868,337.00 |
| 9 |
$4,714,456.00 |
-$1,704,679.00 |
-$0.00 |
$3,009,777.00 |
| 10 |
$4,950,200.00 |
-$1,791,904.00 |
-$0.00 |
$3,158,296.00 |
| 11 |
$5,197,604.00 |
-$1,883,444.00 |
-$0.00 |
$3,314,160.00 |
| 12 |
$5,457,516.00 |
-$1,979,611.00 |
-$0.00 |
$3,477,905.00 |
| 13 |
$5,730,360.00 |
-$2,080,564.00 |
-$0.00 |
$3,649,796.00 |
| 14 |
$6,016,984.00 |
-$2,186,614.00 |
-$0.00 |
$3,830,370.00 |
| 15 |
$6,317,812.00 |
-$2,297,921.00 |
-$0.00 |
$4,019,891.00 |
| 16 |
$6,633,692.00 |
-$2,414,796.00 |
-$0.00 |
$4,218,896.00 |
| 17 |
$6,965,260.00 |
-$2,537,477.00 |
-$0.00 |
$4,427,783.00 |
| 18 |
$7,313,576.00 |
-$2,666,354.00 |
-$0.00 |
$4,647,222.00 |
| 19 |
$7,679,276.00 |
-$2,801,663.00 |
-$0.00 |
$4,877,613.00 |
| 20 |
$8,063,208.00 |
-$2,943,717.00 |
-$0.00 |
$5,119,491.00 |
| 21 |
$8,466,432.00 |
-$3,092,910.00 |
-$0.00 |
$5,373,522.00 |
| 22 |
$8,889,796.00 |
-$3,249,555.00 |
-$0.00 |
$5,640,241.00 |
| 23 |
$9,334,148.00 |
-$3,413,965.00 |
-$0.00 |
$5,920,183.00 |
| 24 |
$9,800,972.00 |
-$3,586,690.00 |
-$0.00 |
$6,214,282.00 |
| 25 |
$10,290,904.00 |
-$3,767,965.00 |
-$0.00 |
$6,522,939.00 |
| 26 |
$10,805,640.00 |
-$3,958,417.00 |
-$0.00 |
$6,847,223.00 |
| 27 |
$11,345,816.00 |
-$4,158,282.00 |
-$0.00 |
$7,187,534.00 |
| 28 |
$11,913,128.00 |
-$4,368,188.00 |
-$0.00 |
$7,544,940.00 |
| 29 |
$12,508,848.00 |
-$4,588,604.00 |
-$0.00 |
$7,920,244.00 |
| 30 |
$13,134,248.00 |
-$4,820,002.00 |
-$0.00 |
$8,314,246.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$212,000,000.00 |
-$78,440,000.00 |
-$0.00 |
$133,560,000.00 |
|
